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Hemi Network airdrop Image

Hemi Network

Category: Layer 2, Decentralized finance (DeFI)

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Overview

Total XP Rewards

140

Estimated Rewards

$10M

Funding

$15M

Current Stage

Season 1

Total value locked

-

Unique Users

-

Chains

chain image

Phase

Testnet

Structure

Points based

Gas

No

Grade

B

Tasks

0/7

TGE

Q4-2024

Type

Layer 2

Confirmed

Yes

Date

4 months ago

Introduction

  • The Hemi Network is a modular Layer-2 protocol for superior scaling, security and interoperability, powered by Bitcoin and Ethereum.
  • This modular protocol aims to scale these networks and maximize their utility, creating a more connected and efficient blockchain ecosystem.

Tasks

task-link

Visit https://points.absinthe.network/hemi/start 

  • Connect your wallet.
  • Enter referral code.
  • Connect your Twitter (X) account.
  • Click on 'Jumpstart the Pilot Program'.
task-link

Visit https://points.absinthe.network/hemi/start 

  • Connect your wallet.
  • Follow the instructions and complete all the tasks.
task-link

Add Hemi Sepolia Network

task-link

Visit https://faucets.chain.link/  

  • Get the test tokens.
task-link

Visit https://app.hemi.xyz/en/tunnel/     

  • Connect your wallet.
  • Bridge Testnet tokens to Hemi Testnet Sepolia Network.
task-link

Visit https://swap.hemi.xyz/   

  • Connect your wallet.
  • Swap assets.
task-link

Create your referral code and share it with others.

Fundamentals

  • Modular Layer-2 Protocol: Hemi is designed to scale both Bitcoin and Ethereum into a unified supernetwork, allowing seamless integration and collaboration across these ecosystems.
  • Hemi Virtual Machine (hVM): This technology merges Bitcoin's functionality within Ethereum’s Virtual Machine (EVM), enabling a cross-chain platform.
  • Proof-of-Proof (PoP) Consensus: Hemi enhances Bitcoin's native security by adding faster finality without compromising decentralization, making the network more efficient.
  • Cross-Chain Asset Transfer (Tunnels): Hemi supports trustless and secure cross-chain asset transfers between Bitcoin, Ethereum, and other connected blockchains.
  • Bitcoin DeFi (hBK): Hemi brings decentralized finance to Bitcoin through the Hemi Bitcoin Kit (hBK), offering DeFi capabilities traditionally unavailable to Bitcoin users.
  • Interoperable & Extensible: The network's modular design allows external chains to leverage Bitcoin's security, making it a robust platform for future blockchain innovation.

Potential Rewards

  • The airdrop is likely to involve the distribution of Hemi tokens to users actively contributing to the ecosystem.
  • Hemi network may implement snapshot events to record user activity and determine eligibility for token distribution.
  • Referral programs, Users might receive additional tokens for bringing new participants into the ecosystem during the airdrop campaign.
  • Season 1: Rewards early adopters and contributors with token allocations based on engagement.
  • Season 2: Expands participation criteria, incentivizing activities like staking and governance.
  • Season 3: Introduces new initiatives to boost community engagement and offer additional earning opportunities.

Investors

  • Binance labs
  • Alchemy
  • Quantstamp
  • Crypto.com

Features

  • Advanced Asset Handling: Hemi includes features like routing, time-locks, and password protection for improved asset control and security.
  • Scalable Architecture: The network is built to handle increasing demand, ensuring high throughput and low latency for transactions.
  • Flexible Fee Structure: Users can benefit from a customizable fee structure that adjusts based on network demand and transaction volume.
  • Composability: Hemi allows for easy integration with existing DeFi applications, enhancing user flexibility and innovation.
  • Developer-Friendly Ecosystem: Built with flexibility, it allows developers to create new decentralized applications (dApps) and layer solutions over its existing infrastructure.

Non-Financial Advice

  • Research:  Explore project's documentation, audits, and community.
  • Understand risks:  DeFi has vulnerabilities, market volatility, and token fluctuation.
  • Invest wisely:  Only invest what you can afford to lose.
  • Beware of scams:  Don't trust unsolicited outreach or guaranteed returns.

*ANZALI only provides suggestions and not financial advice. Use all of the information above at your own risk.

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